Brand-New NYC Hotel Files Ch. 11 Over Contract Liens

By Pete Brush (April 6, 2011, 12:11 PM EDT) -- Waterscape Resort LLC, owner of midtown Manhattan's new Cassa NY Hotel, checked into Chapter 11 on Monday, facing some $20 million in contractor claims — about half of which stem from a soured relationship with ex-construction manager Pavarini McGovern LLC....

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